Company Summary
ICHI ICHITAN GROUP PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
sSET / SETCLMV
CG Report:   *
 
  Data as of 14 Jan 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
11.50 12.60 / 3.42 29.01 2.41 1,300.00 14,950.00 16,078.96 933.74 14.05
News
Date/Time Subject
07 Jan 2021 18:44   Notification of changing the Company's holiday for year 2021.
04 Jan 2021 07:46   The proposal result of agenda items and the director nomination for the 2021 Annual General Meeting of Shareholders in advance.
11 Nov 2020 18:29   Financial Performance Quarter 3 (F45) (Reviewed)
11 Nov 2020 18:29   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
11 Nov 2020 18:28   Financial Statement Quarter 3/2020 (Reviewed)
more

Company Profile
Address No. 8 T-ONE Building, 42nd - 44th Floors, Soi Sukhumvit 40, Phra Khanong, Khlong Toei Bangkok 10110
Telephone 0-2023-1111
Fax 0-2020-3999
URL www.ichitangroup.com
  Annual Report 2019
Establish Date 3/09/2010 Listed Date 21/04/2014
IPO Price (Baht) 13.00 @Par1.00 Baht
IPO Financial Advisory
  • ASIA PLUS ADVISORY COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    Ichitan Group Public Company Limited operates beverage business, and manufactures and sells ready-to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brands of Ichitan Green Tea, Yen Yen by Ichitan and Juice Drinks, Non-Carbonated ?Bireley?s?, respectively.In 2014, the Company entered into a joint venture agreement with PT Atri Pasifik (?AP?), a company incorporated in Indonesia, in order to invest in PT ichi Tan Indonesia, a new joint venture established in Indonesia. The purposes of the joint venture are to produce and sell ready-to-drink beverage branded ?Ichitan? in Indonesia. The Company and AP will equally invest in the joint venture (50% of the issued and paid-up share capital of the joint venture)

    Free Float 12 Mar 2020 12 Mar 2019
    % /Shareholders
    41.89% 13,178 41.59% 14,562
    Foreign Shareholders 7.02% (As of 14/01/2021) Foreign Limit 49.00%
    NVDR Shareholders  3.25% (As of 14/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 19.17 16.62 17.45
    20 Days 12.75 11.84 8.35
    60 Days -0.86 -6.79 -18.42
    120 Days 52.32 47.22 32.99
    YTD 24.32 18.31 17.31
    P/E (X) 29.01 26.13 30.68
    P/BV (X) 2.41 2.04 1.74
    Turnover Ratio (%) 7.04 0.60 1.37

    Top 10 Major Shareholders(@07 May 2020) Share %
    1. นาย ตัน ภาสกรนที 360,639,600 27.74
    2. นาย จารุวร สุขพันธุ์ถาวร 86,406,200 6.65
    3. นาง อิง ภาสกรนที 60,000,000 4.62
    4. ด.ญ. ใกล้นที ภาสกรนที 60,000,000 4.62
    5. นาย ภาสกร ภาสกรนที 60,000,000 4.62
    6. น.ส. วริษา ภาสกรนที 47,621,900 3.66
    7. นาย จารุวัฒน์ สุขพันธุ์ถาวร 40,000,000 3.08
    8. นาย ธิติ จิรนนท์กาล 35,000,000 2.69
    9. น.ส. สุภาณี สุขพันธุ์ถาวร 26,127,900 2.01
    10. MRS. CHEN, MEI-FANG 24,842,000 1.91

    Management Position
    1. Mr. TAN PASSAKORNNATEE CHAIRMAN OF THE BOARD / PRESIDENT / CHIEF EXECUTIVE OFFICER
    2. Mr. VIROJ SUPASOON DIRECTOR
    3. Mr. THANAPAN KONGNANTA DIRECTOR
    4. Miss ARAYA PANICHAYUNONT DIRECTOR
    5. Mr. THITI JIRANONKAN DIRECTOR
    6. AVM NUTTHAWAT NIMMONTHANAKORN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mr. PRASAN LIMPIPATANAKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. ISSARACHAI DECHARIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    14 Jan 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 1,300.00  1,300.00  1,300.00 
    Market Cap (MB.) 14,950.00  12,025.00  6,565.00 
    Price (B./share) 11.50  9.25  5.05 
    BVPS (B./Share) 4.77  4.77  4.72 
    P/BV (X) 2.41  1.94  1.07 
    P/E (X) 29.01  23.34  19.24 
    Turnover Ratio (%) 13.51  203.38  82.08 
    Value Trade/Day (MB.) 204.77  100.76  25.34 
    Beta 0.81  0.84  1.52 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 24.32  83.17  69.46 
    Dividend Yield (%) 3.04  3.78  0.99 
    Payout Ratio 0.88  0.88  0.19 
    Dividend Policy No less than 40% of net profits after taxes and legal reserve considering from consolidated financial statements (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.35 Baht 21 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.05 Baht 21 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.15 Baht 18 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS SUJITRA MASENA/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAREEWAN CHAIBANTAD/KPMG PHOOMCHAI AUDIT LIMITED
    MR. YOOTTAPONG SOONTALINKA/KPMG PHOOMCHAI AUDIT LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 44.62 53.18 97.68 114.56 109.85
    A/R Net 844.30 660.19 766.65 747.74 670.68
    Inventories 563.27 694.43 546.65 654.36 736.83
    Current Assets 1,486.84 1,474.04 1,455.55 1,565.92 1,573.10
    PP&E Net 5,392.94 5,939.73 5,794.23 6,264.04 6,808.97
    Total Assets 7,368.20 7,856.66 7,686.94 8,176.78 8,626.30
    OD 100.00 150.00 260.00 460.00 240.00
    A/P Net 291.70 435.52 271.58 389.95 426.00
    Current portion of LT 111.06 262.19 215.99 444.22 647.53
    Current Liabilities 891.16 1,333.10 1,105.51 1,721.26 1,772.85
    Non-Current Liabilities 282.43 387.60 361.08 570.03 797.28
    Total Liabilities 1,173.58 1,720.71 1,466.59 2,291.29 2,570.13
    Authorized Capital 1,300.00 1,300.00 1,300.00 1,300.00 1,300.00
    Paid-Up Capital 1,300.00 1,300.00 1,300.00 1,300.00 1,300.00
    Premium (Discount) on Share Capital 3,515.42 3,515.42 3,515.42 3,515.42 3,515.42
    Other Surplus (Deficit) 56.08 56.08 56.08 56.08 56.08
    Retained Earnings (Deficit) 1,378.47 1,317.88 1,402.01 1,059.28 1,206.95
    Treasury Stock - - - - -
    Shareholders' Equity 6,194.62 6,135.96 6,220.36 5,885.48 6,056.17
    Minority Interest - - - - -
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    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 3,877.56 4,099.81 5,334.21 5,203.99 5,687.51
    Other Income 7.84 9.46 13.50 12.23 31.51
    Total Revenues 3,903.03 4,109.27 5,347.71 5,216.22 5,719.03
    COGs 3,089.99 3,318.57 4,342.96 4,431.25 4,334.65
    SG&A 323.29 446.75 576.61 653.91 885.90
    Total Expenses 3,413.28 3,775.33 4,949.34 5,195.11 5,364.89
    EBITDA 933.74 762.34 972.64 590.70 877.33
    Depre. & Amor. 444.00 428.40 574.26 569.60 523.19
    EBIT 489.74 333.94 398.38 21.11 354.13
    Net Profit 431.46 323.60 407.45 43.84 315.09
    EPS (B.) 0.33 0.25 0.31 0.03 0.24
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 906.16 901.88 932.02 670.32 1,250.58
    Investing Cash Flow -36.92 -186.94 -202.44 -201.02 -475.98
    Financing Cash Flow -922.30 -776.32 -746.46 -464.59 -698.58
    Net Cash Flow -53.06 -61.38 -16.87 4.71 76.02
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 1.67 1.11 1.32 0.91
    ROE (%) 8.36 5.69 6.73 0.73
    ROA (%) 7.28 4.43 5.02 0.25
    D/E (X) 0.19 0.28 0.24 0.39
    Total Asset Turnover (X) 0.68 0.67 0.67 0.62
    Gross Profit Margin (%) 20.31 19.06 18.58 14.85
    EBIT Margin (%) 12.55 8.13 7.45 0.40
    Net Profit Margin (%) 11.05 7.87 7.62 0.84

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    No Information Found

    Growth Rate (%) 9M/2020  9M/2019  2019  2018 
    Sales Growth -5.42 5.35 2.50 -8.50
    COGs Growth -6.89 0.88 -1.99 2.23
    Total Revenue Growth -5.02 5.33 2.52 -8.79
    Total Expense Growth -9.59 -3.26 -4.73 -3.16
    Net Profit Growth 33.33 1,133.00 829.38 -86.09

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 6.80 8.31 7.04 7.34
    Avg. Collection Period (Days) 53.71 43.90 51.81 49.74
    Inventory Turnover (Times) 6.54 6.54 7.23 6.37
    Avg. Inventory Period (Days) 55.79 55.79 50.47 57.30
    A/P Turnover (Times) 11.32 11.13 13.13 10.86
    Avg. Payment Period (Days) 32.26 32.79 27.80 33.60
    Cash Cycle (Days) 77.24 66.91 74.48 73.43


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    Trading Alert Posted Date Lifted Date
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    Market Alert (Latest)
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name -

    Remark - Calculated from adjusted price
      - Presented and calculated from the consolidated statement and displayed as cumulative quarterly statement by fiscal year (Company statement will be presented and calculated incase consolidated statement is not available.)
      - The information is quarterly updated within 7 business days after the new financial statement is submitted.
      -
     
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